IRADIMED CORPORATION (IRMD)

IRADIMED CORPORATION Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	75.15	73.24	65.56	53.3	41.81	31.72
Revenue Growth (YoY)	11.04%	11.71%	23.00%	27.47%	31.84%	-17.65%
Cost of Revenue	17.35	16.89	15.4	12.02	9.76	8.14
Gross Profit	57.8	56.35	50.16	41.28	32.05	23.57
Selling, General & Admin	32.56	31.59	27.3	23.41	20.36	19.76
Research & Development	2.6	2.8	2.82	2.24	1.87	1.87
Operating Expenses	35.16	34.39	30.12	25.65	22.23	21.63
Operating Income	22.65	21.96	20.04	15.63	9.82	1.94
Interest & Investment Income	2.19	2.19	1.86	0.58	0.03	0.13
Currency Exchange Gain (Loss)	-0.04	-0.04	-0.15	-0.04	-0.03	-0.01
Other Non Operating Income (Expenses)	0.18	0.16	-	-	-	-
EBT Excluding Unusual Items	24.98	24.28	21.75	16.17	9.82	2.07
Gain (Loss) on Sale of Investments	-	-	-	0.01	0.02	0.02
Gain (Loss) on Sale of Assets	-0	-0	-0.01	-	-	-
Other Unusual Items	-	-	-	-	-	-2.7
Pretax Income	24.98	24.28	21.74	16.18	9.84	-0.62
Income Tax Expense	5.19	5.04	4.55	3.35	0.51	-1.99
Net Income	19.78	19.23	17.19	12.83	9.33	1.37
Net Income to Common	19.78	19.23	17.19	12.83	9.33	1.37
Net Income Growth	10.39%	11.87%	34.02%	37.56%	581.19%	-85.78%
Shares Outstanding (Basic)	13	13	13	13	12	12
Shares Outstanding (Diluted)	13	13	13	13	13	12
Shares Change (YoY)	0.50%	0.48%	0.69%	0.36%	1.21%	1.33%
EPS (Basic)	1.56	1.52	1.36	1.02	0.76	0.11
EPS (Diluted)	1.55	1.50	1.35	1.02	0.74	0.11
EPS Growth	10.72%	11.11%	32.35%	37.84%	572.73%	-85.90%
Free Cash Flow	14.6	17.62	6.02	9.22	10.78	5.37
Free Cash Flow Per Share	1.14	1.38	0.47	0.73	0.86	0.43
Dividend Per Share	0.640	0.470	0.150	-	-	-
Dividend Growth	326.67%	213.33%	-	-	-	-
Gross Margin	76.92%	76.94%	76.50%	77.45%	76.65%	74.33%
Operating Margin	30.14%	29.99%	30.56%	29.32%	23.48%	6.13%
Profit Margin	26.33%	26.26%	26.22%	24.07%	22.30%	4.32%
Free Cash Flow Margin	19.43%	24.06%	9.19%	17.30%	25.77%	16.95%
EBITDA	23.43	22.78	20.8	16.3	11.22	3.28
EBITDA Margin	31.18%	31.11%	31.73%	30.58%	26.84%	10.35%
D&A For EBITDA	0.79	0.82	0.77	0.67	1.41	1.34
EBIT	22.65	21.96	20.04	15.63	9.82	1.94
EBIT Margin	30.14%	29.99%	30.56%	29.32%	23.48%	6.13%
Effective Tax Rate	20.79%	20.77%	20.91%	20.72%	5.19%	-

Updated May 5, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q